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20121123
20121123
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, ross. >>> coming up, we've got a live report coming from best buy in california. the struggling electronics chain posting a significant decline in the third quarter. but there is good news. they have lines of people coming camping out at some locations since sunday. jane wells has been up all night hanging on out with some shoppers. i know this isn't too early for you. you're always up at this hour. >> no, i actually, you know, this is about the time i start wrapping it up for the day. i'm with noah and sabastian. what did you get? >> speed for speed most wanted. >> i got gummy bears and the and i would exact thing he did. >> you were here at 3:17 to buy video games and gummy bears. >> got to fulfill our need for speed. >> well, fortunately other people are spending a few more bucks. nobody needs black friday more than best buy to go well. we'll have part of their turnaround strategy when we come back. let's have some gummy bears. customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (t
california. they came prepared with tents as they waited for stores to open. >>> so the malls may be packed but not everyone is in favor of stores opening up earlier and earlier. hundreds of walmart workers plan to protest outside their stores today angry over low wages, benefits, and alleged retaliation against workers who try to organize. and the situation was made worse by walmart opening up on thanksgiving day. monday walmart tweeted, don't believe everything you read in the union press releases. we don't think their black friday activity will have an impact on customers. let's bring in william fletcher, a walmart employee. with a welcome to you, why are you protesting? >> i'm protesting because of the retaliation at our stores. many associates when we try to speak out are either fired or pulled into an office having to speak to multiple manages for at times hours on end. they are scare tactics. they try to put fear into people. and i'm protesting who hopefully make that stop. >> here is what one exec it tetch said on the "today" show. let's play that. >> we are really confident about a
with picket lines forming outside walmart stores from california to maryland. a group called our walmart organized the walk-off in 100 cities. >> we're asking for living wages, we're asking for decent scheduling. they're not things that are hard. i mean, we want health care. they're the most richest retailer in the world. >> sreenivasan: walmart executives said these protestors do not represent the 1.3 million employees who work at the company. >> sreenivasan: the stock market also got a boost from black friday, rising sharply on early reports of strong retail sales. on a shortened day of trading, the dow jones industrial average gained more than 172 points to close at 13,009. the nasdaq rose 40 points to close above 2,966. for the week, the dow gained 3.4%; the nasdaq rose nearly 4%. a european union summit in brussels broke up today without any agreement on a long-term budget. the 27-nation bloc was trying to reach consensus on a more than trillion-dollar long-term spending plan. it primarily funds farming and programs to spur growth in less- developed nations. some members backed a bu
's in paramount, california, where there are big crowds in the parking lot. who is protesting the retail chain and what are they actually hoping to accomplish? >> they're not all this from this store, and the reason why they are targeting the most important shopping day of the year to be out here in front of these stores is to remind shoppers and management that there are some serious problems here with the workers, with pay and health care. this is something twheer seeing not just in the store, but marshally across the country. from texas to maryland. there are employees who are not showing up for work. here's what one employee told us. >> we don't want customers to walk from wal-mart. this is how we pay our bills. with them this is how the store stays open. it's awesome. what we're trying to do is get a point across. that's all we're trying to do. wal-mart, help us. >> reporter: so trying to make a point. the question is has wal-mart management heard? at this point it does appear that management and these protests who are outside aren't going to be coming to the table to have any real open h
is standing outside a walmart in paramount, california. you were in the middle of the protests today. tell us what happened. >> reporter: this is a very large protest here, joe. there were at the height of this the l.a. county sheriff's department estimating about 1,000 protesters in or around this particular walmart. and this protest, it was loud, it was ruckus, it was the very opposite of what you might expect on a black friday shopping day here at a walmart. and that's the point. the employees who walked off the job joined by many supporters and labor say they want today make the point to management that they want to have a fair discussion about pay, about health care as well about the hours that they work. they chose black friday, a very potent day to make that point. here's what an employee as well as a shopper told us what they think. >> they say do this, do that. none of it works. this is the only way we can get our voice out there is speaking with the media, the public. >> just a matter that they have to, you know, do things right for the employees. >> doing things right for the emplo
Search Results 0 to 4 of about 5